djAdvocate
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Post by djAdvocate on Feb 23, 2017 18:26:21 GMT -5
i'm not a big fan of electric vehicles. i only like nuclear as a speculative play.
i think coal might do well short to intermediate term, but i don't care for burning resources in the long term.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Feb 23, 2017 21:53:37 GMT -5
Well, we only have about 300 years of supply left of natural resources more than likely, so it's not a long term solution I agree.. but the way we stop using resources for a major source of electricity has nothing to with the way we are using the sun right now, imo. As crazy as it sounds though. I do see asteroid mining as something that will help things balanced.
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djAdvocate
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Post by djAdvocate on Feb 24, 2017 11:15:36 GMT -5
can't speak to the craziness of the asteroid idea.
i am aware of the coal reserves.
mining shares are down again today, and gold is up again. this is creating a gap between the two that will lead miners to POP. CSFFF is at $1.27 this morning. MUX is riding the wave, and is higher (as a counterexample). AGI was up 5% yesterday (to cite an even more prominent example).
edit: most of the miners are up, now, as of noon EST. edit2: most miners finished lower. there are some good opportunities in this sector right now.
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Post by Deleted on Feb 24, 2017 13:58:53 GMT -5
i'm not a big fan of electric vehicles. i only like nuclear as a speculative play. i think coal might do well short to intermediate term, but i don't care for burning resources in the long term. Over all Tesla is a cash incinerator, yet the stock does well. Go figure.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Feb 24, 2017 20:49:10 GMT -5
Musk should have focused on Space X. I'd buy it for the foundation of an asteroid mining venture when the rest of his stuff goes broke.
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djAdvocate
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Post by djAdvocate on Feb 25, 2017 11:03:47 GMT -5
i'm not a big fan of electric vehicles. i only like nuclear as a speculative play. i think coal might do well short to intermediate term, but i don't care for burning resources in the long term. Over all Tesla is a cash incinerator, yet the stock does well. Go figure. so was Krispy Kreme, but investors flocked to it. sheeple. go figure.
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verrip1
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Post by verrip1 on Feb 25, 2017 13:33:08 GMT -5
i'm not a big fan of electric vehicles. i only like nuclear as a speculative play. i think coal might do well short to intermediate term, but i don't care for burning resources in the long term. Over all Tesla is a cash incinerator, yet the stock does well. Go figure. Every time I hear Elon Musk speak, my mind plays back "76 Trombones".
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verrip1
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Post by verrip1 on Feb 25, 2017 13:46:02 GMT -5
Page 1 article in Friday's Financial Times (US print ed) about hedge funds accumulating cobalt based on future demand for electric car batteries. Apparently, 2 funds have acquired about 17% of the annual production of cobalt. Found a good general article from last May about cobalt, describing cobalt mining and miners, over at Seeking Alpha. seekingalpha.com/article/3970111-cobalt-miners-set-boom Seems that cobalt is predominantly extracted as a by product of mining for other metals. The Republic of Congo is reported as the biggest source area, but its business climate is said to be volatile. The author of that SA article has written 2 other, more recent articles there that are more narrowly focused.
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djAdvocate
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Post by djAdvocate on Feb 26, 2017 22:22:58 GMT -5
Page 1 article in Friday's Financial Times (US print ed) about hedge funds accumulating cobalt based on future demand for electric car batteries. Apparently, 2 funds have acquired about 17% of the annual production of cobalt. Found a good general article from last May about cobalt, describing cobalt mining and miners, over at Seeking Alpha. seekingalpha.com/article/3970111-cobalt-miners-set-boom Seems that cobalt is predominantly extracted as a by product of mining for other metals. The Republic of Congo is reported as the biggest source area, but its business climate is said to be volatile. The author of that SA article has written 2 other, more recent articles there that are more narrowly focused. i love Cobalt. i like a lot of alloying metals like that. Bismuth. Magnesium. like a lot of those. base metals. lots of this stuff is done in Africa, and the markets are indeed volatile for this stuff. but that is what makes it kind of "fun" investment wise. particularly for suppliers that are outside that region.
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djAdvocate
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Post by djAdvocate on Feb 26, 2017 22:36:39 GMT -5
i'm going to recommend DBB again for the generalists on this board. there are some way more speculative plays than this, but this takes you guys out of the risk position.
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verrip1
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Post by verrip1 on Feb 26, 2017 23:15:38 GMT -5
Yeah, I've got DBB at ~1% of portfolio & slow accumulation.
Been looking to add LEDD to give me a fourth base metal with momentum to the 3 metals in DBB. Problem is the low volume, so my buy limit is pretty low to partially offset the risk magnitude from a limited ability to sell. Increased price volatility for LEDD in the last 3 months.
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djAdvocate
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Post by djAdvocate on Feb 26, 2017 23:52:49 GMT -5
yeah, bad liquidity is actually a GOOD sign on some of these issues (it means they are not over-issuing). but i know how much of a pain it can be.
i spent TWO MONTHS acquiring shares in one last year. but i got over 100k shares during that time.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Feb 27, 2017 14:07:37 GMT -5
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djAdvocate
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Post by djAdvocate on Feb 28, 2017 10:22:01 GMT -5
gold and silver miners got absolutely crushed yesterday, but i don't believe it is "trend breaking". yet.
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verrip1
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Post by verrip1 on Feb 28, 2017 12:15:49 GMT -5
It was quite some years ago when the energy master plan for Northern Australia was to pipeline natural gas from Papua New Guinea. The severe drop in NG price (ouch, I didn't see THAT one coming) put the kibosh on that idea. Point being that plans in their theoretical stages get a lot of attention, but so many of them fall by the wayside as good ideas that just never went beyond the dreaming stage into the application phase. Damned engineering always gets in the way of a hope and a prayer . And so it's full circle back to expectations about Elon Musk's Battery Bonanza.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Feb 28, 2017 16:05:07 GMT -5
I hear ya brother. The NatGas crash was a great lesson in volume for me. Sunrunr totally called that one. There is no doubt in my mind that CH4 plays a huge role in our future, as always just takes time. As far as Musk goes, I see the guy as the next George Hudson type of character. Except the space Hudson was in was actually successful, not on it's third attempt in history and having to be forced onto the marketplace. Even Goldman is losing faith in the guy because of his cash incineration, as D23 puts it... Fact of the matter is the only true disruptions are ones that change things just a little bit. The car revolutionized travel, but lets face it it's a glorified buggy. If corn and biofuels would have dropped NoxSox emissions and provided the cleanest fuel on the planet like South America has, the electric car would have died with Fisker; IMO. I'm starting to really dig engineering problems, or I should say solutions. It's how Velosys and Sasol essentially started at the same time in the US; and Velosys is done and on budget, while Sasol is over budget and behind. Sure once Sasol is up and running they will produce more, on the other hand; scalability!
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djAdvocate
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Post by djAdvocate on Feb 28, 2017 16:55:46 GMT -5
TSLA stock has not gone anywhere in 3 years. it just recorded it's first profit, and the stock tumbled.
it is a very high profile, very trendy company, but it is still not making money.
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djAdvocate
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Post by djAdvocate on Feb 28, 2017 17:58:10 GMT -5
looks like a short term low on URPTF today. expect Uraniums to start rising again tomorrow?
i sure hope so. Feb has been rough so far. hit a record high in the first week.....
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Mar 1, 2017 10:51:00 GMT -5
TSLA stock has not gone anywhere in 3 years. it just recorded it's first profit, and the stock tumbled. it is a very high profile, very trendy company, but it is still not making money. The problem with TSLA's profitable quarter was that it was nothing more than a good accounting trick. Coincidentally, it just happened to line up with the insane deal Musk made with his cousin over Solar City. That was actually two quarters ago. TSLA's most recent quarter seen the worst cash burn yet; and that is why he earned a downgrade with his cheerleaders at Goldman. I agree that it's a trendy, non profit supported by the taxpayers; thus my thoughts on why Musk will end up like a George Hudson type of character. Ironic that he decided to go with a gull wing like Delorian(sic) did?
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djAdvocate
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Post by djAdvocate on Mar 1, 2017 11:44:38 GMT -5
yeah, not a fan. gold and silver continues to get WAY ahead of equities. it is up 2.5% in the last month, but shares have fallen almost 10% from a month ago. if we want to rewind further (since metals were having a spectacular year), metals are +10% and mines are +10%. however, since mines are leveraged approximately 2-1 on average over the base metals (in other words, they make $2 for every $1 increase in price), mines are approximately 10% undervalued right now. something has to give, but with the market +250 this morning, that flow is probably not going to happen today.
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djAdvocate
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Post by djAdvocate on Mar 1, 2017 15:08:31 GMT -5
AMY is trending very bearish the last two days. it might retrench to 15 cents. CSFFF is trending very bullish today. it is +10% on the canadian exchange (which leads the US market). precious metals might be back on track. edit: i was wrong on my assertion earlier. a rising tide does indeed float all boats.
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djAdvocate
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Post by djAdvocate on Mar 2, 2017 11:15:18 GMT -5
i would be accumulating URPTF below $3.25 i think it will challenge it's high of $3.75 by May. and, of course, this has implications for other uraniums. edit: i would describe this as a "technical play".
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djAdvocate
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Post by djAdvocate on Mar 2, 2017 12:29:24 GMT -5
gold is getting crushed today. down almost 2%
it is approaching lowers support for the recent uptrend. a break below 1200 would be very bad.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Mar 2, 2017 22:31:05 GMT -5
The big news in Canadian finance the other day was how miners(gold?) had terrible earnings.
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djAdvocate
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Post by djAdvocate on Mar 3, 2017 0:16:32 GMT -5
The big news in Canadian finance the other day was how miners(gold?) had terrible earnings. that's puzzling, if we are talking about quarterlies, but not full year.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Mar 3, 2017 10:18:37 GMT -5
My bad dude. It must have been headlines about "why" the market was falling that day that caught my eye, and saved in my brain because of this conversation. Something like "markets fall because of poor performance of miners earnings".... meaning (a) single miner could have missed and that's "why" the market was down. For the most part it looks as if they had a pretty good quarter.
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Post by verrip1 on Mar 3, 2017 14:31:06 GMT -5
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djAdvocate
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Post by djAdvocate on Mar 3, 2017 15:14:21 GMT -5
i agree with that latter assessment. but i think that we have 1-4 years of rise in gold and silver from here. i am actually looking at taking my GOOD returns in this area and buying growth stocks on dips. i expect a sharp downturn in equities sometime in the next year or two that will create that opportunity. but i also think the dow goes to 25k from here. so, not yet, obviously.
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djAdvocate
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Post by djAdvocate on Mar 3, 2017 16:30:33 GMT -5
i think CSFFF is getting ready to pop. i expect it to test $1.36 within two months (probably one).
edit: the bottom fell out on CSFFF this week (quite unexpectedly). hold off on those purchases!!!!
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Post by djAdvocate on Mar 7, 2017 11:23:39 GMT -5
60% of my YTD gain vanished in the last month. now up a measly 8%
regression to the mean.
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